The Valuation for Rating (Former Enterprise Zones) Regulations 1995

• Citation: S.I. 1995/213
• Sections: 3

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Valuation for Rating (Former Enterprise Zones) Regulations 1995 and shall come into force on 1st April 1995.

(2) In these Regulations—

“ 1988 Act ” means the Local Government Finance Act 1988;

“enterprise zone” means an area so designated under paragraph 5(1) of Schedule 32 to the Local Government, Planning and Land Act 1980 and “former enterprise zone” means an area which has ceased to be so designated since a date on or after the relevant day;

“list” means a central non–domestic rating list or a local non–domestic rating list; and

“relevant day” means the day by reference to which a rateable value is to be determined in accordance with paragraph 2(3) of Schedule 6 to the 1988 Act.

Section 2 Hereditaments wholly or partly within a former enterprise zone

Where the rateable value of a hereditament situated wholly or partly in a former enterprise zone is to be entered in a list, or the rateable value shown in a list for such a hereditament is to be altered, it shall be assumed, in applying paragraph 2(1) to (7) of Schedule 6 to the 1988 Act in relation to so much of the hereditament as is situated in the former enterprise zone, that on the relevant day no area had been designated as an enterprise zone.

Section 3 Revocations

The Valuation for Rating (Former Enterprise Zones) Regulations 1991 and the Valuation for Rating (Former Enterprise Zones) (Amendment) Regulations 1992 are hereby revoked.